India set to receive $ 4.2 Billion new capital from global sources
The amount of new capital available for global real estate investment in 2017 is estimated at USD435bn, according to Cushman & Wakefield’s The Great Wall of Money report, which tracks the amount of...
View ArticleWorld Realtors’Day- NAR India
With the growing presence of National Association of Realtors-India (NAR-India) across the country and the need of professional brokerage, NAR-India is celebrating the Journey of a Realtor from a mere...
View ArticleAffordability, Low Inflation & Rising Buyer Confidence Signal Housing Demand...
The common industry perception that an increase in capital values fuels housing demand is a misconception. It is affordability that plays an important role in demand for housing. The synergies between...
View ArticleQuikrHomes India Residential Real Estate Annual Report 2016
The year 2016 was yet another lackluster year for the Indian Real Estate Industry in terms of sales and new launches. However, the flurry of policy announcements in the form of RERA, GST,...
View ArticleInfra push to see cement demand improve to 5% in FY18: ICRA
NEW DELHI: An expected revival in the infra space may help the cement demand to grow to around 4 to 5 per cent in the next fiscal, according to rating agency ICRA. The agency said that FY2016-17 would...
View ArticleSC to hear Unitech promoters’ fraud case today
NEW DELHI: The Supreme Court on Thursday will hear the alleged fraud case related to real estate major, Unitech Ltd promoters Ajay Chandra and Sanjay Chandra in connection with its delayed housing...
View ArticleRBI allows banks to invest in REITs & InvITs
MUMBAI: The Reserve Bank on Thursday allowed banks to invest in Real Estate Investment Trust (REITs) and Infrastructure Investment Trusts (InvITs), a move that will help revive the cash-starved...
View ArticleRERA takes effect; Developers Rushing on Project Completion
A greater part of the country’s developers appear to be on a `Mission Project Completion’ nowadays, possibly it is an impact of RERA According to the Industry specialists developers are presently...
View ArticleUnitech promoters Ajay & Sanjay Chandra get 3-month interim bail
NEW DELHI: A Delhi court on Monday granted a three-month interim bail to Unitech Ltd promoters Ajay Chandra and Sanjay Chandra arrested in a fraud case relating to a Gurugram-based real estate project....
View ArticleNET ABSORPTION DROPS BY 27% IN Q1 2017 Y-O-Y TRIGGERED BY A NOSE-DIVE IN...
Net absorption declined 27% to 5.5 msf in Q1 2017 (Jan – Mar 2017) from 7.4 msf recorded in Q1 2016, in the top 8 Indian cities according to international property consultants Cushman & Wakefield....
View ArticleFormer JLL India Chairman & Country Head buys residential brokerage business
JLL is selling its India residential brokerage arm to former India head Anuj Puri. Mr Puri, who left the firm on 28 February, has worked closely with the JLL India and Asia Pacific leadership teams to...
View ArticleDomestic Private Equity Investment Rising in India; 2017 May Set New Benchmark
2016 figure was USD 3,410 mn; crossed its 2007 peak of USD 3,300 mn Given the improving regulatory framework, India is now looking way more attractive to investors – both foreign and domestic – than...
View ArticleImplementation of RERA – RICS
The Real Estate (Regulation and Development), 2016 Act popularly known as RERA comes into effect from today, i.e. 01 May 2017, as was originally stipulated a year ago. It is not as if the States have...
View ArticleMIG housing of 900-1200 sqft accounts for 40% of demand; low cost housing...
With affordable housing set to drive the Indian real estate market for the next decade, the maximum supply and demand is currently being driven by the 900-1200 sqft segment. The 300-600 sqft apartments...
View ArticleNine Indian Cities in JLL’s latest ‘Global 300’ Rankings
A total of nine Indian cities figure on the latest edition of ‘Global 300’ cities – the annual JLL ranking exercise, which represents 300 major cities that are the focus of commercial activity and...
View ArticleRESIDENTIAL LAUNCHES DECLINE AS MARKETS GEAR UP TO IMPLEMENT RERA
In the latest report from Cushman & Wakefield, the top 8 cities witnessed residential launches of approximately 25,800 units in the first quarter of 2017, registering a 16% decline from the...
View ArticleIT Office Absorption Increases by 10%, Lease Transactions Up by 52%
IT, ITeS occupiers have taken a big leap in office lease transactions in the last 15 years. Office space demand from them increased from 1.4 million sft in 2001 to 15.2 million sft in 2015. With 16.81...
View ArticleDwarka Expressway Gets National Highway Status
Dwarka Expressway’s wait has finally come to an end. The National Highway Authority of India (NHAI) has issued a notification which grants the national highway status to the 28 Km long Dwarka...
View ArticleReal estate developer Chintels announces the project completion and handover...
Chintels India Ltd. (CIL) a real estate development company in the process of developing over 600 acres of self-owned prime land in and around Dwarka Expressway bordering and including Delhi, announced...
View ArticleCentral Park invests Rs 2,000 crore to foray into commercial segment in NCR
After establishing its credentials in NCR residential real estate segment, Central Park is venturing into commercial real estate with an investment of about Rs 2,000 crore. Central Park will develop a...
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